Natural Harmony Foods Inc (NHYF)

[Fai 2]

This website? I DONT see anything about NHYF



https://www.synergymgtgroup.com/updates

[tylerotc]

Interesting and this is much appreciated information

[solong]

I just checked Synergy website and it shows the hearing was set for the 10th, yesterday. Wonder what's cooking in the kitchen?

[solong]

The case was scheduled for a 10:30 am to 10:45 am this morning (all time Eastern).

I checked before the hearing and the case showed it was last updated a few days ago. Then this afternoon it showed that the Case had "refreshed". But no details. I was told, that the Case may have been "refreshed" but that no details were available.

And to check back tomorrow. That's all I got.

[fink]

Amen to that.,
However it's been a bear to get my initial down to a good overall average. This has turned into one of my biggest risk.

If the updates from synergy were never there, I'd have been gone a long time ago never to look back.
We are at the starting gate now.
Ben's past is knee deep in the medical arena. He knows a POS when he sees one. He's allowed synergy way more energy in this shell than others. And he's kept a sizable position. He can give these guys more guidance than just a shell to go public.
Funding is in place and that is paramount.
I bet we start to see a drip of execution of the Company plan now.

They need to get the price up to ever think about tapping those funds at a 9% discount.
So hold on.
Get some shares now to play if this gets pumped. Get your money out hold free if you can.

[tylerotc]

Longer the wait the more time to buy!

[ThoughtPower]

Morning! Hopefully one day closer here

[solong]

Absolutely correct, could hardly care what the company has to say - they will always put a positive spin on any announcement...focus on what the investor has to say it is more important! Thanks for the two posts!

[solong]

Excellent post, I got lazy. Details matter, thank you for providing them!

[solong]

Thank you for the note. We still need to see what kind of progress they have made.

[TheGreenComma]

I like this part from the official PR

Mr. Randy Rivera, Director of Global Corporate Finance, said:

"The investment in NHYF is a logical step in GCF's strategy to invest in companies at the forefront of AI-powered medical technology. Companies with unique strategic investments in the AI medtech space have the potential to develop significant value over the next two to five years and we look forward to a long and productive association with NHYF".

[TheGreenComma]

Nice post. Global Corporate Finance, LLC is the investor you mention. Here is the official PR (for anyone new here).

Natural Harmony Foods Inc. Signs US$5,000,000 Equity Facility to Fund GrowthPress Release | 11/16/2023

NEW YORK, NY / ACCESSWIRE / November 16, 2023 / Publicly-held Natural Harmony Foods, Inc. (OTC PINK:NHYF) ("the Company") is pleased to announce today that it has entered into a Securities Purchase and Subscription Agreement with Global Corporate Finance Inc. ("GCF"), an esteemed private family office located in New York City, to provide working capital that will underpin the Company's growth.

?

The Securities Purchase and Subscription Agreement will enable the Company to draw up to US$5,000,000 at its discretion over a period of 30 months. In return for each drawdown, the Company will issue common stock at discount of 9% to the Company's average daily volume weighted stock price during the five (5) consecutive trading days immediately preceding the date of the Company's drawdown request. The cost of securing the facility is considered to be appropriate for the transaction.

The funds will be used to launch the first of the Company's nutraceutical products; the acquisition and development (subject to due diligence) of AI-based intellectual property; and general working capital, including up-listing the Company to OTCQB status as quickly as possible.

Mr. Randy Rivera, Director of Global Corporate Finance, said:

"The investment in NHYF is a logical step in GCF's strategy to invest in companies at the forefront of AI-powered medical technology. Companies with unique strategic investments in the AI medtech space have the potential to develop significant value over the next two to five years and we look forward to a long and productive association with NHYF".

Mr. Claudio Solitario, CEO of Natural Harmony Foods Inc. adds:

"We are delighted to be partnering with Global Corporate Finance Inc. and are very grateful for their financial support. The facility will provide the capital required to execute our growth plans and build shareholder value. Our collaboration with GCF is a testament to our shared vision for innovation and growth. The capital will serve as a dynamic catalyst to propel our strategic initiatives forward. We too look forward to a long and productive working relationship with GCF".

For media and Investor Relations inquiries, please contact: [e-mail]

[fink]

Your DD words have weathered well my friend. It's what keeps me in this.
I know a few very large money trust families in Atl, coke, AX, Waffle House. They don't lose money.

I think the discharge will just be a $25 fee and it's a done deal. They all want this to move forward for shareholders. It's been a long road for those stuck under POS management. If any legacy holders are still around, they best average down now.

[solong]

Just private and just a few in March, a few more in Feb when everyone was hoping for a move. Pretty quiet at this point.
- the court has allocated 15 minutes for the hearing on Thursday - Synergy might tweet that they are out that afternoon or the next day.
- I have no idea when Solitario will begin with announcements and updates? Friday? Monday/Tuesday? Just have to wait.

Things to remember:

A private investor put up a $5 mil line-of-credit --- people don't do that without doing their DD. Claude would have had to show them what he could do with the money, including details, etc.

They would have begun their DD, months prior to the announcement of the line-of-credit. The process individual investors will go through, is a 1st meeting, signing of a NDA, then sufficient information on "use of proceeds' so that they can make a rational decision. That means before the October date, months of due diligence would have taken place.

I'm hoping that in the months since the announcement, as we've gone through the Custodial process, notice to previous shareholders, retiring of shares, and hopefully the end of the Custodial arrangement - that they will be able to share some significant progress.

In one of Claude's statements, he said something along the lines of, we will work to upgrade our symbol status to OTCQB. This makes them closer to having to file Financial Statements similar to a Nasdaq company. It doesn't happen overnight and OTC Mkts will put them through the paces to get there. The typical investor putting up $5 mil, will have stipulated that in the terms of the line-of-credit agreement.

NOTE: they called it a "Family Office" - generally the ones I've run across has a Chief Executive Officer, Chief Investment Officer, Chief legal counsel, Chief financial Officer and so these are not investors like us, they've done a lot of DD before signing off on the investment.

Definition of a Family Office: "A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50–100 million in investable assets, with the goal being to effectively grow and transfer wealth across generations."

I think we'll know how much or how little progress they've made, no later than sometime next week. IMO

[tylerotc]

Once we break 006 level might get alot more buzz and news, people think news is Thursday?

[JohnnyBlaze]

Seems pretty quiet

[fink]

Any big pump threads on X, or just private groups.

[solong]

didn't find much on X - pretty quiet one or two post recently just saying some of what I posted here and a couple of likes. I think that's about it.

[fink]

Nice.
I want some more too, but averaging up feels so weird. I suck at it. I'm always going the other way in these POS.

News is definitely going to hit soon.
This is like my most favorite play.,


Anyone of you on X
Is there any X chats on NHYF?
I've been banned for so long I don't even look on.
We need eyes on us before any updates. We need awareness.

[solong]

$NHYF - grabbed a few more as well. Synergy (Ben) will be gone around mid-day, Thursday, the 11th (Eastern) - the company clearly didn't want to announce any thing while under a Custodian arrangement. We'll get to hear from Claude.

Synergy said, "Looking forward to the company's new business initiatives and updates" - what we hear, will inform us as to the potential.

Down here is an easy decision.

[ThoughtPower]

Getting a little action going here

[rbb]

looks way better... $NHYF

[ThoughtPower]

Slapped a little more

Seems like L2 is finally shaping up

[F14SVF24]

Joined the future party with a few.

[ThoughtPower]

Happy Friday!!!

[solong]

PS: - Please don't!

[solong]

I've been buying little blocks for the last two weeks to see how a MM will respond

OTCN is part of OTC mkts - they are an Electronic Communications Network (ECN) someone usually tells me they are not part of OTC Markets so here is a link to their description; look at their website

https://www.tradinghours.com/mic/s/otcn - OTCN isn't a traditional MM in a stock, they are there to move shares so I placed an order to see if they would budge from their 200k sell order. Mine didn't budge them but the last one did.

- Buy 30,000 NHYF - 04/02/24 12:41:43 PM EDT -

[rbb]

very nice,,, .0059's falling...

[fink]

May I kiss whom ever slapped?

That put me up $2,500 on this red day.
Thanks!

[rbb]

getting ready to bust out of this channel... $NHYF

[solong]

Synergy tweeted on March 21st - "I have instructed my attorney to discharge the custodianship. Looking forward to the company's new business initiatives and updates I'm hoping to see soon!" - all my post was relaying was that the Court announced receipt of that request on the 26th of March with a Court Hearing on April 11th.

We just have a little over a week to wait for that - and then I hope Ben is correct and we'll get info into "the company's new business initiatives and updates"

[fink]

Solid DD.

I forgot about the discharge event. Makes perfect sense after you spoon feed me. Thanks.

[TheGreenComma]

Thanks for the clarification on the filing dates, etc. Hopefully good times ahead for all those who have been patient with this one.

[solong]

$NHYF - An annual report gets 15 days from the due date (3-31-24) so that would be the 15th (Monday) - they can't file on a Sunday. (they probably had a typo or some other kind of error)

EDGAR filings must occur by 5:30pm ET (when the SEC officially ends its business day) to receive the same-day filing date. Filings submitted between 5:30pm and 10pm will receive the next business day's date. - After a Friday, the next "business day" for filing is Monday at 6am.

I believe the reason for this Notification of Late FIling, is this; the filing to discharge the Custodial Arrangement was received by the court on March 26th. The scheduled hearing date is April 11th (next Thursday) and at that time the Court is expected to turn the company over to Claude and release Synergy from the Custodial Arrangement.

I would guess that since the 11th is on a Thursday, we might get a tweet on that but and we could see the Annual report immediately following that, but definitely by Monday.

Remember; In October 2023, the Company entered into a Securities Purchase and Subscription Agreement (SPA) with Global Corporate
Finance Inc. (“GCF”), a private family office located in New York City, to provide working capital that will underpin the
Company’s growth. The SPA will enable the Company to draw up to US$5,000,000 at its discretion over a period of 30
months.

So the annual report and discharge of custodianship is just house cleaning. They've had 5 months to use that $5 mil - I think we're all waiting to hear what kind of progress has been made since they've had that asset to work with. GL2A

[TheGreenComma]

No worries here, we didn't come all this way to not file a 2023 report before we even get started.

I was just letting him know I'd expect to see something filed and possibly a PR by 4/14, which is a Sunday, so maybe by Friday the 12th.

[fink]

Synergy is on it.
No worries.

[TheGreenComma]

A notice of late filing was posted yesterday.

https://www.otcmarkets.com/stock/NHYF/disclosure

This filing gives them until 4/14/24 to file the 2023 annual report. I bet we get a PR to go along with it.

[JohnnyBlaze]

Should see some follow up news soon

[tylerotc]

Starting to look really good 👍 👌

[BERKSHIRE AGENT]

Finally looking good here again. They just need to keep delivering and this can make a big run

[fink]

WTF are you trying to say?
You make zero sense.
Is thst DD or some sort of Fetterman stroke type DD?

[Felesha]

Elroy Zimmerman is trying to bring down to flip

[fink]

You will never find a Security lawyer to answer that. It's one of the most exclusive groups in this country.
Just try to find one. I've found most lawyer have no clue about SEC rules and normal workings of Wall Street.

Bens good about replying to E-mails. Just keep it short and polite. I always get a reply within 48hours

Good luck

A R/S will be up to the New Company control coming in. 50% of the A/S has been burned.
@.005, it's easy to load if one is announced.

I sort of like one in these. It screams the NewCo is for real. I'll load on the knee jerk sell off.
$1.5m Market Cap won't change. We just unloaded $600k of market Cap. That's a gift to all of us.

[ThoughtPower]

Seems like you need a better hobby

[Felesha]

TRY AGAIN ELROY!

[sonny22]

That's a good question about when there can be a R/S
It would be good to know.

[sonny22]

I use Schwab and I've bought NHYF
unless something has changed, it was a few months ago
when I bought.

[fink]

Why?
What the reasoning? It's pink current..

[porty]

Still can’t buy this using Schwab. Tried yesterday. Had to use E*Trade.

[ThoughtPower]

Was it a good or bad confidence


Hahah

Either way you shake it, looking nice